Economy

After five months of shopping for his first home, Greg Ridenour was tired of having his offers turned down.

Employment among nonbank lenders and mortgage brokers grew in May, marking the third straight month of employment gains at a time when housing inventory is tight, refinancing has slowed and home prices are rising.

Home sales in Connecticut were unexpectedly strong in May after the year got off to a slow start, a new report Thursday shows, but a key component of the state's housing recovery is still lagging: consistent overall price gains.

National home prices rose 6.6% in May over the prior year as sales activity was affected by low inventory, according to CoreLogic.

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

Halfway through 2017, home sales remain robust in the Santa Fe, N.M., market, with closed transactions up more than 9% through June and median prices in both the city and county up over last year's numbers.

No one needs to tell Mike and Suzy Johnson that the Columbus, Ohio, housing market is hot.

Dallas-area home prices were up 7.1% in May, according to a new report by CoreLogic.

Rising home prices threaten to chill one of metro Atlanta's most valuable selling points: the affordability of housing.

Want to buy an affordable house in the Sacramento area? Better get in line.

Homebuilders in the Twin Cities on Friday finished their best month in more than a decade.

Test your knowledge of these key terms from the servicing sector of the mortgage industry.

President Trump's immigration policies are prompting more than half of Arabs, Asians and Latinos to reconsider their plans to buy or sell a home, according to a Redfin survey.

Workers across Washington and the Seattle area finally got a good pay hike last year, and yet it didn't amount to much compared with the state's soaring cost of housing, which led the nation last year.

United Wholesale Mortgage will vacate its offices in Troy, Mich. for a bigger headquarters building in Pontiac and relocate all 2,100 employees.

From the largest banks to the smallest independents, policymakers want to hear the mortgage industry speak with one voice in the critical efforts to reform the government-sponsored enterprises.

A proposed ordinance in one California city would require developers planning residential projects costing $100,000 or more to pay an affordable housing impact fee.

As competition drives home prices ever higher in the Bay Area, there is a whiff of good news for first-time homebuyers.

The Pine Tree Plaza in Sterling, Ill., will be auctioned online after a string of tenant departures put the property in foreclosure.

The proposed site in Danvers, Mass., of a Registry of Motor Vehicles office is scheduled to be sold in a foreclosure auction, casting doubt on when, or if, the registry will actually end up there.